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Legal
Re: Do we need to pay tax in UK for converting bitcoin to fiat
by
crypto_the_river
on
28/12/2017, 11:29:16 UTC
Quote from: garima on December 28, 2017, 10:13:26 AM
IS the tax 20% capital tax charegable on bitcoin profit and any amount exempted .
As I read you may trade without taxes at sum only £11,300 per annum.
You may find more information here:
https://www.express.co.uk/finance/city/897066/HMRC-Bitcoin-warning-Cryptocurrency-profits-to-be-TAXED